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Ksju [112]
3 years ago
7

. Calculating Cost of Preferred Stock: Holdup Bank has an issue of preferred stock with a $3.75 stated dividend that just sold f

or $87 per share. What is the bank’s cost of preferred stock?
Business
1 answer:
gladu [14]3 years ago
7 0

Answer:

4.31%

Explanation:

Calculation for the bank’s cost of preferred stock

Using this formula

Cost of preferred stock=Dividend / Selling price of stock

Let plug in the formula

Cost of preferred stock= $ 3.75 / $ 87

Cost of preferred stock= 4.31%

Therefore the Cost of preferred stock will be 4.31%

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To derive the demand curve we assume that A. marginal utility is constant. B. tastes are constant. C. prices are constant. D. re
Tems11 [23]

Answer:

C. prices are constant.

Explanation:

  • A demand is the scheduling the price of all the commodity as content and is derived as the price of the goods may changes in the future as general the demand curve is downward sloping and is shown by the equilibrium prices and movement along the curve takes place when the change in price causes the quantity demanded to change.
5 0
3 years ago
In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is
klio [65]

Answer: I found the options:

A. The current ratio includes assets other than cash.

B. A high current ratio may indicate inadequate inventory on hand.

C. The two companies may define working capital in differentterms.

D. A high current ratio may indicate inefficient use of various assetsand liabilities.

Explanation: The correct answer is "D. A high current ratio may indicate inefficient use of various assets and liabilities."

Is invalid to assume that the company with the higher current ratio is te better company because a high current ratio may indicate inefficient use of various assets and liabilities, That is why it would be convenient to observe other ratios that can help us compare more fully the 2 companies.

4 0
3 years ago
In terms of SUPPLY, what factors have contributed to the fall in oil prices?
mylen [45]
Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.
3 0
3 years ago
Tech distractions do not include answer your phone while driving changing the radio station while driving fiddling with air-cond
Inessa [10]
<h2>The given statement is false. </h2>

Explanation:

If the driver has set the phone to "do not disturb" then definitely the notification that he gets through various apps will be kept silent, calls will reach voice mail and we will be notified with missed calls and our screen will be blank when the call is received. But this do not disturb mode does not control the air-conditioning of the car or blocking the driver from changing the radio station.

It is found from a survey that the road accidents are more when the mobile usage of the driver is more. Many drivers though they know about the consequences, they still use mobile phones while driving.

6 0
3 years ago
Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $150 in cash from a
Igoryamba

Answer:

$555

Explanation:

The cash method of accounting records revenue when cash is received,and when expenses are paid in cash.

Bill received the following cash:

1. $150 dollars in cash was from a customer.

2. tickets worth $225 as  payment for services performed last year.

3. $180 check for services rendered this year.

Bill's income on schedule c would be a summation of all payments received.

= $150 + $225 + $180

Bill would receive an income of $555

7 0
3 years ago
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